About Tervela
Tervela is a company based in Boston (United States) founded in 2004 was acquired by Box in February 2021. Tervela has raised $60.2 million across 4 funding rounds from investors including Box, Goldman Sachs and North Hill Ventures. The company has 21 employees as of December 31, 2022. Tervela operates in a competitive market with competitors including Skytap, Smarsh, Dropsuite, Atempo and Rewind, among others.
- Headquarter Boston, United States
- Employees 21 as on 31 Dec, 2022
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Technology
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- Legal Name Tervela, Inc.
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Funding Insights of Tervela
Tervela has successfully raised a total of $60.2M across 4 strategic funding rounds. The most recent funding activity was a Series D round of $18 million completed in September 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Tervela
Tervela has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Box, Goldman Sachs and North Hill Ventures.
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Investment banking services are delivered across multiple financial sectors.
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Investment services are offered by North Hill Ventures in fintech.
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Early-stage venture capital is invested in US companies.
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Investor details for Tervela
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Investments & Acquisitions by Tervela
Investment portfolio details for Tervela
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Financial Statements - Tervela
Detailed financials for Tervela
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Tervela Comparisons
Peer comparison for Tervela
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Competitors of Tervela
Tervela operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Skytap, Smarsh, Dropsuite, Atempo and Rewind, among others.
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Cloud-based environments are delivered for application development and testing.
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Compliance management solutions for financial institutions' communications are provided.
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Back up products
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Cloud-based backup and recovery solutions are offered for data protection.
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Enterprise data backup is managed via cloud-based software.
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Cloud storage and secure backup solutions are provided.
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Detailed competitors of Tervela
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Latest news on Tervela
Complete news archive for Tervela
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Frequently Asked Questions about Tervela
Tervela was founded in 2004 and raised its 1st funding round 1 year after it was founded.
Tervela is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Tervela is a funded company, having raised a total of $60.2M across 4 funding rounds to date.
As of Dec 31, 2022, the latest employee count at Tervela is 21.
Tervela was founded in 2004 in Boston, United States, focusing on data management technologies. Products such as CloudFastPath are utilized for automated file migration, synchronization, and cloud backups. Data Fabric is employed to capture information from large-scale sources and distribute it via web platforms for downstream use. NetCharts supports visualization through dashboards. Clients including 3DResults, ACG, Bank of America, and Credo are served in the technology sector.
Tervela has 4 investors. Key investors include Box, Goldman Sachs, North Hill Ventures, and Sigma Prime Ventures.